GSP Finance Co (Bangladesh) (DHA:GSPFINANCE) E10: BDT-2.11 (As of Sep. 2025)


DHA:GSPFINANCE GSP Finance Co (Bangladesh) Ltd DHA:GSPFINANCE
25 GF Score
Price BDT3.40
! 3 Warning Signs
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What is GSP Finance Co (Bangladesh) E10?

GSP Finance Co (Bangladesh) DHA:GSPFINANCE 25 E10 is BDT-2.11 as of Sep. 2025. GuruFocus rates DHA:GSPFINANCE with a GF Score™ of 25/100. The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

GSP Finance Co (Bangladesh)'s adjusted earnings per share data for the three months ended in Sep. 2025 was BDT-3.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT-2.11 for the trailing ten years ended in Sep. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-07-01), GSP Finance Co (Bangladesh)'s current stock price is BDT3.40. GSP Finance Co (Bangladesh)'s E10 for the quarter that ended in Sep. 2025 was BDT-2.11. GSP Finance Co (Bangladesh)'s Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of GSP Finance Co (Bangladesh) was 112.22. The lowest was 21.34. And the median was 31.44.


GSP Finance Co (Bangladesh)  (DHA:GSPFINANCE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of GSP Finance Co (Bangladesh) was 112.22. The lowest was 21.34. And the median was 31.44.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


GSP Finance Co (Bangladesh) E10 Related Terms


GSP Finance Co (Bangladesh) E10 Historical Data

* Premium members only.

The historical data trend for GSP Finance Co (Bangladesh)'s E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GSP Finance Co (Bangladesh) E10 Chart

GSP Finance Co (Bangladesh) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.42 0.27 -1.14

GSP Finance Co (Bangladesh) Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.43 -1.14 -1.37 -1.70 -2.11

DHA:GSPFINANCE vs VOYA, FRHC: E10 Comparison

For the Financial Conglomerates subindustry, GSP Finance Co (Bangladesh)'s Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GSP Finance Co (Bangladesh) Shiller PE Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GSP Finance Co (Bangladesh)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GSP Finance Co (Bangladesh)'s Shiller PE Ratio falls into.


DHA:GSPFINANCE
25GF Score
GSP Finance Co (Bangladesh) Ltd DHA:GSPFINANCE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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GSP Finance Co (Bangladesh) E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, GSP Finance Co (Bangladesh)'s adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-3.73/324.8000*324.8000
=-3.730

Current CPI (Sep. 2025) = 324.8000.

GSP Finance Co (Bangladesh) Quarterly Data

per share eps CPI Adj_EPS
201512 0.686 236.525 0.942
201603 0.300 238.132 0.409
201606 0.320 241.018 0.431
201609 0.260 241.428 0.350
201612 1.035 241.432 1.392
201703 0.428 243.801 0.570
201706 0.461 244.955 0.611
201709 0.469 246.819 0.617
201712 0.698 246.524 0.920
201803 0.359 249.554 0.467
201806 0.378 251.989 0.487
201809 0.420 252.439 0.540
201812 0.823 251.233 1.064
201903 0.313 254.202 0.400
201906 0.370 256.143 0.469
201909 0.373 256.759 0.472
201912 0.149 256.974 0.188
202003 0.273 258.115 0.344
202006 0.336 257.797 0.423
202009 0.400 260.280 0.499
202012 0.390 260.474 0.486
202103 0.350 264.877 0.429
202106 0.460 271.696 0.550
202109 0.428 274.310 0.507
202112 0.176 278.802 0.205
202203 0.310 287.504 0.350
202206 0.140 296.311 0.153
202209 0.180 296.808 0.197
202212 -1.713 296.797 -1.875
202303 -1.220 301.836 -1.313
202306 -1.520 305.109 -1.618
202309 -2.810 307.789 -2.965
202312 -5.431 306.746 -5.751
202403 -1.110 312.332 -1.154
202406 -1.670 314.175 -1.726
202409 -3.510 315.301 -3.616
202412 -6.794 315.605 -6.992
202503 -1.970 319.799 -2.001
202506 -2.830 322.561 -2.850
202509 -3.730 324.800 -3.730

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of BDT-2.11 mean?
GSP Finance Co (Bangladesh) (DHA:GSPFINANCE) has a E10 of BDT-2.11 as of Sep. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GSP Finance Co (Bangladesh) and its competitors.
Is GSP Finance Co (Bangladesh)'s E10 too high?
GSP Finance Co (Bangladesh)'s current E10 is BDT-2.11. Overall, GSP Finance Co (Bangladesh) has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GSP Finance Co (Bangladesh)'s E10 compare to VOYA and FRHC?
GSP Finance Co (Bangladesh)'s E10 of BDT-2.11 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Diversified Financial Services company?
A good E10 depends on the Diversified Financial Services industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GSP Finance Co (Bangladesh) and its competitors. GSP Finance Co (Bangladesh)'s current E10 is BDT-2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSP Finance Co (Bangladesh) stock overvalued right now?
GSP Finance Co (Bangladesh) (DHA:GSPFINANCE) has a current E10 of BDT-2.11. The current E10 is BDT-2.11. GSP Finance Co (Bangladesh)'s overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For GSP Finance Co (Bangladesh) (DHA:GSPFINANCE), the current E10 is BDT-2.11 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GSP Finance Co (Bangladesh) Business Description

Address Mymensingh Road, 1, Paribagh, Dhaka, BGD, 1000
GSP Finance Co (Bangladesh) Ltd provides financial products and services. The company activities include lease finance, term finance, working capital finance, bridge/equity finance, syndication finance, SME finance, and term deposits, among others. It is also engaged in providing merchant banking services.
25GF Score

Get the complete analysis for DHA:GSPFINANCE

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT3.40
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